A Byte-sized Bubble? SchiffGold Friday Gold Wrap. 2.23.2024



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JD and Joel discuss Peter’s take on the record-breaking highs in stocks, driven by chip company NVIDIA’s $277 billion Thursday rally. Is there a stock bubble driven by AI hype and low-interest rates? How might the Fed respond and what does this mean for gold?

OTHER TOPICS DISCUSSED

-Gold is trading at $2028 (up $28 on the week)
-Silver is trading at $22.79 (down $0.04 on the week)
-CME Fedwatch shows 97.5% of investors expect unchanged interest rates in March
-Peter Schiff’s latest podcast
-What makes stock-picking riskier than ever
-Wisdom from Charlie Munger
-The week ahead

Quote from Munger:
“People calculate too much and think too little.”

Tune in to the Friday Gold Wrap each week for a recap of the week’s economic and political news as it relates to gold and silver, along with some insightful commentary. For more information visit schiffgold.com/news.

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